2 Bedroom Apartment for sale at Melville House

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Patong, Kathu,Phuket
Unit ID: U1058912
6% Rental Yield
฿4,900,000 ฿5,600,000
2 Bedrooms
1 Bathroom
90 SqM Size
2 Floor
Dec 2007 Completed

About This Apartment

This property is a 90 SqM apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Melville House project in Patong, Phuket and was completed in Dec 2007. You can buy this apartment for a base price of ฿4,900,000 (฿54,444/SqM).

Features

BalconyBalcony Full Western KitchenFull Western Kitchen Fully RenovatedFully Renovated Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Apartment
Floor 2
Bedrooms 2
Size 90 SqM
Price per SqM ฿54,444
Apartment Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

N/A
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Sea View, Mountain View, City View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Date Listed Feb 14, 2022
Last Updated 1 day ago
Unit ID U1058912

Investment Opportunity: Charges & Yield

Sale Price
฿4,900,000
Est. Rent
฿22,600/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
18
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom apartments at Melville House, and the current sales price.
6%

Project Details

Project Name: Melville House
Developer: N/A
Construction: Completed (Dec 2007)
Floors: 6
Buildings: N/A
Units: 6
Project Area: N/A
Nearest Landmark N/A
Location: Patong, Kathu, Phuket
Melville House Project Details

Project Features

Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area

Available Units at Melville House

For Sale 5 For Rent 6
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Frequently Asked Questions

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Melville House you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Phuket
Patong

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